LiDAR Market By Type (Terrestrial, Aerial, Mobile, Short Range), By Component (Laser, Inertial Navigation System, Camera, GPS GNSS, Micro electro mechanical system), By Application (Corridor Mapping, Seismology, Exploration and Detection, Others), By End User (Defense and Aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining, Transportation): Global Opportunity Analysis and Industry Forecast, 2022-2031
The global lidar market was valued at $1.1 billion in 2021 and is projected to reach $7.8 billion by 2031, growing at a CAGR of 21.3% from 2022 to 2031.
LiDAR is a remote sensing technology that uses laser light to measure distances and create 3D models of the environment, enabling accurate mapping and object detection for a wide range of applications, including autonomous vehicles, archaeology, atmospheric science, military & defense, construction, mining & quarrying, and entertainment.
The global LiDAR market scope covers segmentation based on type, component, application, end-user sector, and region. The report highlights the information about various types of LiDAR systems available in the market, including static or terrestrial, aerial, mobile, and short-range LiDAR systems. Moreover, it covers the details about different components integrated in LiDAR system such as laser scanner, inertial navigation system, camera, GPS receiver, and micro-electro-mechanical system.
Furthermore, the applications covered in the report include corridor mapping, seismology, exploration & detection, and others. In addition, defense & aerospace, civil engineering, archaeology, forestry and agriculture, mining industry, and transportation are the major end-user sectors detailed in the study. Moreover, it analyzes the current market trends of LiDAR systems across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests future growth opportunities along with consideration of the COVID-19 impact. The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder.
Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.
The key players profiled in the report include Leica Geosystems AG, RIEGL Laser Measurement Systems GmbH, Mira Solutions, Inc, FARO, Firmatek, LEOSPHERE (Vaisala), Velodyne Lidar, Inc., Aerometrex, Yellowscan, and SICK AG.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the lidar market analysis from 2021 to 2031 to identify the prevailing lidar market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the lidar market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global lidar market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeTerrestrial
Aerial
Mobile
Short Range
By ComponentLaser
Inertial Navigation System
Camera
GPS GNSS
Micro electro mechanical system
By ApplicationCorridor Mapping
Seismology
Exploration and Detection
Others
By End UserCivil Engineering
Archaeology
Forestry and Agriculture
Mining
Transportation
Defense and Aerospace
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Firmatek
Velodyne Lidar, Inc.
Aerometrex
FARO
Leica Geosystems AG
LEOSPHERE(Vaisala)
yellowscan
Mira Solutions, Inc
RIEGL Laser Measurement Systems GmbH
SICK AG
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